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Approved Adult-Use Provisioning Center
For Sale
$1,900,000

29765 Groesbeck Hwy, Roseville, MI 48066

Freestanding building with license, parking, and highway frontage.

Property Size3,680 SF
Lot Size0.73 Acres
Days on Market265

Property Features for 29765 Groesbeck Hwy

General Information

Standard status Active
Size 3,680 SF
Lot size 0.73 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $10,754

Building Details

Building Size 3,680 SF
Year Built 1996
Listing Agency: C3 CRE, LLC
Listed By: Corbin Yaldoo · License #6502431997
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 12 Last Checked: Aug 20 at 9:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of C3 CRE, LLC

Investment Insights

Based on property information with market context.

This is a municipal-approved adult-use provisioning center available for sale, including both the real estate and the license. The freestanding building features over 50 parking spaces and monument signage, providing excellent brand visibility and access due to its main road frontage. This presents a significant opportunity for a flagship location in a capped retail market with only six licensed approvals issued. The property is situated on heavily traveled Groesbeck Highway, which sees a daily traffic count of over 38,000 vehicles. It benefits from great synergy in the immediate marketplace, surrounded by a dense residential population and several national and regional tenants. Additionally, the property is in close proximity to Macomb Community College and the I-696 Freeway.

Key Highlights

  • Municipal approved adult‑use provisioning center - license and real estate included.
  • Capped retail market with only six (6) licensed approvals issued.
  • Freestanding building with 50+ parking spaces and monument signage.

Property Analytics

Current Use

Iroquois Trucking Trucking Company Roseville Crushed Building Supply

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

441
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Sunoco Shops & Services
6,510 visits/mo 0.4 miles

Demographics for 48066, MI

47,789
Population
22,116
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
9.9 sq mi
ZIP Area
4,827
Density / Sq Mi
$61,222
Median Household Income
$38,978
Median Earnings
$1,175
Median Rent
$142,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Succulent Sensations 30848 Groesbeck Hwy, Roseville, MI 48066
  • Momentous Moments...Enjoy Every Moment 29695 Utica Rd, Roseville, MI 48066

Frequently Asked Questions

What type of property is this?
Storefront property - Freestanding building with license, parking, and highway frontage.
Where is this storefront property located?
The property is located at 29765 Groesbeck Hwy Roseville, MI.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Municipal approved adult‑use provisioning center - license and real estate included.; Capped retail market with only six (6) licensed approvals issued.; Freestanding building with 50+ parking spaces and monument signage.
More about this property
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